Korean Shares Rise on Tech Rebound
2025-12-17 02:30
By
Mariene Camarillo
1 min. read
The benchmark KOSPI advanced 1.43% to close at 4,056 on Wednesday, rebounding after two consecutive sessions of losses as investor sentiment improved on gains in technology shares.
Trading in Seoul showed mixed performances among large-cap stocks; however, the index was underpinned by broad-based bargain hunting.
Samsung Electronics (0.88%), SK Hynix (0.28%), Hyundai Motor (0.17%), and Hanwha Aerospace (0.11%) posted gains, while Samsung Biologics (-1.84%) and HD Hyundai Heavy Industries (-1.15%) recorded declines.
Further supporting sentiment, the government announced plans to pursue a service-sector FTA with China and seek participation in the Japan-led multilateral trade pact to sustain export momentum.
To support export diversification, the ministry will promote growth in nuclear energy, food, defense, and electric equipment markets, provide a record KRW 275 trillion in trade insurance next year, and begin issuing regular reports on foreign trade barriers starting in 2026.